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Re: marchio post# 3981

Thursday, 04/30/2015 4:37:17 AM

Thursday, April 30, 2015 4:37:17 AM

Post# of 8579
You're welcome, Sir! The Company's answer to your "outside director" question was found, I believe, in the risk factors section of a 10K where they stated that, if it weren't for the costs of having outside directors (compensation, increased Directors and Officers insurance, etc.), they'd love to have some.

They particularly need, in my opinion, an audit committee, which would typically be predominantly staffed by outside directors, which would not have let the CPA firm of Winther and Company do the consulting engaging in response to the material weakness finding by the auditors that the company business procedures lack the essential "segregation of duties."

Finally, let me add to my earlier answer in regard to what's keeping the lid on the stock price. While I personally think that the company could do very well in presenting its "fact on the ground" that it's not a marijuana play, wiser heads than mine on this board have stated that the marijuana market sector is about to run - so perhaps the fact that VHUB is not really a marijuana stock is holding it back.